Belgium's consumer confidence fell to -7 in April of 2019 from -6 in the prior month. Consumers were more pessimistic regarding the country’s economic situation (-13 from -11 in March) while worries about unemployment increased (12 from 9). Meanwhile, households were less concerned regarding their savings plans (-1 from -4) while were equally worried about their financial situation (-1). Consumer Confidence in Belgium averaged -7.14 Percentage Points from 1985 until 2019, reaching an all time high of 16 Percentage Points in August of 2000 and a record low of -28 Percentage Points in January of 1985.
Consumer Confidence in Belgium is expected to be -2.00 Percentage Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Belgium to stand at -2.00 in 12 months time. In the long-term, the Belgium Consumer Confidence is projected to trend around -3.00 Percentage Points in 2020, according to our econometric models.